Big 5 Sporting Goods Co. (NASDAQ:BGFV) VP Shane O. Starr Sells 3,135 Shares

Big 5 Sporting Goods Co. (NASDAQ:BGFVGet Rating) VP Shane O. Starr sold 3,135 shares of the company’s stock in a transaction that occurred on Friday, May 13th. The shares were sold at an average price of $13.72, for a total transaction of $43,012.20. Following the sale, the vice president now owns 14,950 shares in the company, valued at $205,114. The sale was disclosed in a filing with the SEC, which is available at this link.

Big 5 Sporting Goods stock opened at $13.49 on Wednesday. The firm’s 50 day simple moving average is $15.87 and its 200 day simple moving average is $19.54. The company has a current ratio of 1.58, a quick ratio of 0.36 and a debt-to-equity ratio of 0.02. The firm has a market capitalization of $301.23 million, a PE ratio of 3.37 and a beta of 2.73. Big 5 Sporting Goods Co. has a 1-year low of $12.73 and a 1-year high of $47.65.

Big 5 Sporting Goods (NASDAQ:BGFVGet Rating) last posted its earnings results on Tuesday, May 3rd. The company reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.37 by $0.04. Big 5 Sporting Goods had a net margin of 7.95% and a return on equity of 33.35%.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 15th. Stockholders of record on Wednesday, June 1st will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 7.41%. The ex-dividend date of this dividend is Tuesday, May 31st. Big 5 Sporting Goods’s payout ratio is 25.00%.

A number of analysts recently weighed in on the stock. Lake Street Capital decreased their target price on shares of Big 5 Sporting Goods from $31.00 to $28.00 in a report on Wednesday, March 2nd. StockNews.com lowered shares of Big 5 Sporting Goods from a “buy” rating to a “hold” rating in a report on Thursday, May 5th.

Several large investors have recently modified their holdings of the company. Virtu Financial LLC bought a new position in shares of Big 5 Sporting Goods in the 1st quarter worth $655,000. Royal Bank of Canada increased its holdings in shares of Big 5 Sporting Goods by 5.7% in the 1st quarter. Royal Bank of Canada now owns 51,093 shares of the company’s stock worth $876,000 after buying an additional 2,775 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Big 5 Sporting Goods by 238.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 289,221 shares of the company’s stock worth $4,960,000 after buying an additional 203,878 shares during the last quarter. Maverick Capital Ltd. bought a new position in shares of Big 5 Sporting Goods in the 1st quarter worth $177,000. Finally, State Street Corp increased its holdings in shares of Big 5 Sporting Goods by 6.2% in the 1st quarter. State Street Corp now owns 733,624 shares of the company’s stock worth $12,582,000 after buying an additional 42,894 shares during the last quarter. 51.78% of the stock is currently owned by hedge funds and other institutional investors.

Big 5 Sporting Goods Company Profile (Get Rating)

Big 5 Sporting Goods Corporation operates as a sporting goods retailer in the western United States. The company's products include athletic shoes, apparel, and accessories. It also offers a selection of outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, and winter and summer recreation, as well as home recreation.

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